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Sep 28, 2010 3:00pm PDT
professor roderick harrison, who studies census data for the joint center for political and economic studies. tim noah, you write in slate about the great divergence. describe what you mean. >> really it's a three-decade trend that began in the late 1970s. a trend towards income and equality. incomes have been growing less and less equal since 1979. a lot of people accept that as the norm but in fact for much of the 20th century, the trend was going the other way between 1929 and the early 1970s incomes were becoming more and more equal. in the middle of that period you had a great deal of prosperity after world war ii. >> ifill: professor harrison, what is the cause of this? >> the underlying cause is that the gains in productivity have been divided more towards corporate earnings and profits than towards the workers and employees. we've maintained the historical levels and share of sharing productivity gains . the middle- and lower- income portions of the income distribution would have fared much better and you wouldn't see this acceleration in the gap. >> ifill: but we didn't main
Search Results 0 to 5 of about 6 (some duplicates have been removed)